Gibraltar Industries Inc. Reveals 12% Increase In Q3 Profit

(RTTNews) - Gibraltar Industries Inc. (ROCK) reported a profit for its third quarter that advanced from last year.

The company said its bottom line climbed to $17.6 million, or $0.55 per share. This was up from $15.7 million, or $0.50 per share, in last year's third quarter.

Analysts had expected the company to earn $0.49 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 10.6% to $272.73 million. This was down from $304.99 million last year.

Gibraltar Industries Inc. earnings at a glance:

-Earnings (Q3): $17.6 Mln. vs. $15.7 Mln. last year. -Earnings Growth (Y-o-Y): 12.1% -EPS (Q3): $0.55 vs. $0.50 last year. -EPS Growth (Y-o-Y): 10.0% -Analysts Estimate: $0.49 -Revenue (Q3): $272.73 Mln vs. $304.99 Mln last year. -Revenue Change (Y-o-Y): -10.6%

-Guidance: Full year EPS guidance: $1.57 - $1.61